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The Latest Breaking News from the Middle East

The Iran war has brought many old Gulf faultlines to the fore – and is creating new ones

The United Arab Emirates (UAE) announced on April 28 that it will leave the global oil producers’ cartel Opec. Its decision is the latest sign that the war in the Middle East has not only deepened animosities between Iran and its Gulf neighbours, but among the Gulf states too.

The Conversation

What are Trump’s options for Iran after ‘final blow’ briefing?

The United States is said to be weighing its options, with the conflict no closer to formally ending

The Independent UK

Fuel price rises caused by cost of oil rather than retail margins – watchdog

The Competition and Markets Authority said fuel margins have been ‘broadly unchanged’ since the start of the war in the Middle East.

Evening Standard

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Trump and Netanyahu’s wars in the Middle East have elevated threat to British Jews, MI5 warns

Met Police chief Mark Rowley says he is ‘very concerned’ about the force’s ability to increase policing in Jewish communities

The Independent UK

Iran threatens ‘long and painful strikes’ after Trump briefed on ‘final blow’ options

Iran has threatened retaliation if Donald Trump acts on options to reopen the conflict in the Middle East

The Independent UK

‘Surprising’ momentum for housing market in April as prices jump to record high

The UK housing market has continued to regain momentum despite uncertainties caused by the Middle East conflict, Nationwide Building Society said.

Evening Standard

Big bunnies and grog sales take a wartime shopping hit

Coles shoppers adjusted their spending patterns after the Middle East war began, spending less on liquor and even buying smaller Easter chocolate bunnies.

AAP

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Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

AAP

Top 10 countries with the most skyscrapers in the world 2026: China, US, UAE and other leading nations

Skyscrapers have become a kind of silent competition between nations. Not always planned that way, but it shows up clearly in skylines. Cities rising upward, faster than outward. The idea of “Top 10 countries with the most skyscrapers” is usually tied to urban growth, population pressure, and economic ambition. China…

The Times of India

U.S. Reportedly Considering Sending Hypersonic Missile 'Dark Eagle' To The Middle East

The U.S. military is reportedly considering sending a hypersonic missile to the Middle East, likely to be used against Iran should the Trump administration decide to resume hostilities.

International Business Times

Strait of Trump? President shares AI map rebranding the Middle East

IN FULL

The Independent UK

Is London a safe haven for investment in uncertain times?

London has already proven it attracts unrivalled cross-border investment, but it will need to adapt

Evening Standard

Iran war briefing: Oil prices rise as Trump sends message to Tehran over Strait of Hormuz deadlock

Oil prices surged after reports indicated Donald Trump was considering military action against Iran to resolve the deadlock in the Strait of Hormuz. Donald Trump urged Tehran to “get smart soon” and sign a deal, and claimed “Iran can’t get their act together” in a social media post. The US…

The Independent UK

Food giant sounds the alarm: shoppers are struggling

Woolworths has seen a "major shift" in consumer sentiment due to the Middle East war and spiking petrol prices, with many struggling to make ends meet.

AAP

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The Independent UK

USS Ford aircraft carrier will be heading home after record-breaking deployment

The USS Gerald R

Euronews

US Federal Reserve holds rates as Jerome Powell signals he will stay on

A divided US Federal Reserve has held interest rates steady for a third consecutive meeting, as policymakers grapple with heightened uncertainty linked to the war in the Middle East. The decision is expected to be the last overseen by Chair Jerome Powell.

The Times of India

Putin, Trump hold 90-minute call on Iran, Ukraine war: Russia proposes Kyiv ceasefire for Victory Day

Presidents Putin and Trump held a 1.5-hour call discussing the Middle East war and Ukraine. Putin backed Trump's Iran ceasefire extension, viewing it as a stabilizing move. He also proposed a temporary ceasefire in Ukraine for Victory Day, aiming to advance peace negotiations.

Radio France Internationale

Middle East war boosts oil giants’ profits as 'households pay the price'

Oil giants have posted "exceptional" profits as war in the Middle East drives up crude prices, fuels global supply fears and creates trading opportunities – handing some of the world’s biggest energy companies a financial boon while consumers face rising costs.

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Euronews

EU backs ending new oil and gas drilling

The war in the Middle East may have driven up oil and gas demand, but the world should still ditch new fossil fuel drilling, EU climate chief Wopke Hoekstra has said, insisting on "affordable, reliable, homegrown clean energy."

The Independent UK

Have tourists changed how they book holidays due to jet fuel crisis?

‘Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure’ – Jet2, Britain's biggest holiday company

Evening Standard

Jet2 sees passengers book at the last minute amid Iran war worries

The group said it was adding it is ‘maintaining frequent dialogue with our fuel suppliers and airport partners on fuel supply’.

The Independent UK

Iran war briefing: Trump ‘orders extended blockade’ in attempt to hurt Tehran’s finances

Donald Trump has directed his team to prepare for an extended blockade of Iran, with talks to end the war held at an impasse in an attempt to hurt the country’s finances, according to a report. Trump has also told White House aides that Iran’s latest peace proposal shows that…

Evening Standard

Lloyds earnings jump by a third but UK economic outlook worsens

New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.

Evening Standard

Heathrow issues warning over impact of Middle East war

The airport said its passenger numbers for the rest of the year are likely to be impacted by ‘significant uncertainty in the Middle East’.

The Guardian - UK

Oil nearing $120 a barrel for first time since 2022 as Trump maintains Iranian blockade – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude approaches highest level since Middle East conflict began

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